DTN Closing Livestock Comments
John Harrington DTN Livestock Analyst
Tue Dec 10, 2013 04:13 PM CST


The cash cattle trade was dead in the water with bids undetected and asking prices existing in little more than theory (e.g., around $134 in the South and $210-$212 in the North). According to the closing report, the Iowa hog base compared with the Prior Day's closing weighted average is $1.86 lower ($75.00 to $78.00, weighted average $77.56). Despite the lower of the carryout, corn futures closed 1-2 cents lower, possibly pressured by further weakness in the wheat market. Note that negotiated carcass based trade volume was extremely low at 879 head. Equities fell on as investors ...

Quick View
Related News Stories
DTN's Livestock Quick Takes
DTN Before The Bell-Livestock
DTN Before The Bell-Livestock
DTN Weekly Distillers Grains Update
The Market's Fine Print
Ask the Vet
Making Hay
DTN Before The Bell-Livestock